Stock market rally could continue for a few more years, CIO says

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Updated Fri, Aug 15, 2025, 4:35 PM

STORY: “The internet nerds of the 1990s were right that the technology was going to change the world,” said Hegener. “But where they got it wrong, obviously, was there’s a lot of hype.”

He added that while the hedge fund managers who said the market was in a bubble in 1998 were right, too, they “missed out on 2-3 years of 40%+ equity market returns while you waited for that bubble to burst.”

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